New Policy

A new policy released by the Central Bank of Nigeria is stirring tension among Point-of-Sale operators, as industry leaders warn that about 40 percent of agents may be forced out of business. The policy, which sets stricter rules for…
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The Central Bank of Nigeria has introduced fresh regulations for Point of Sale and agent banking operations nationwide, setting a new daily cash-out ceiling of N1.2 million per agent and outlining stricter measures to monitor compliance…
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